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TATAPOWER
TATA POWER CO LTD

394.2 5.80 (1.49%)


Strike  300  has a total call value of 0  versus a total put value of  157,190,625,000 Combined total value = 157,190,625,000

Strike  305  has a total call value of 0  versus a total put value of  147,679,875,000 Combined total value = 147,679,875,000

Strike  310  has a total call value of 0  versus a total put value of  138,169,125,000 Combined total value = 138,169,125,000

Strike  315  has a total call value of 0  versus a total put value of  128,658,375,000 Combined total value = 128,658,375,000

Strike  320  has a total call value of 0  versus a total put value of  119,147,625,000 Combined total value = 119,147,625,000

Strike  325  has a total call value of 55,687,500  versus a total put value of  109,682,437,500 Combined total value = 109,738,125,000

Strike  330  has a total call value of 111,375,000  versus a total put value of  100,239,187,500 Combined total value = 100,350,562,500

Strike  335  has a total call value of 187,312,500  versus a total put value of  91,018,687,500 Combined total value = 91,206,000,000

Strike  340  has a total call value of 263,250,000  versus a total put value of  81,798,187,500 Combined total value = 82,061,437,500

Strike  345  has a total call value of 339,187,500  versus a total put value of  72,873,000,000 Combined total value = 73,212,187,500

Strike  350  has a total call value of 415,125,000  versus a total put value of  63,959,625,000 Combined total value = 64,374,750,000

Strike  355  has a total call value of 740,812,500  versus a total put value of  56,087,437,500 Combined total value = 56,828,250,000

Strike  360  has a total call value of 1,066,500,000  versus a total put value of  48,296,250,000 Combined total value = 49,362,750,000

Strike  365  has a total call value of 1,594,687,500  versus a total put value of  41,306,625,000 Combined total value = 42,901,312,500

Strike  370  has a total call value of 2,122,875,000  versus a total put value of  34,570,125,000 Combined total value = 36,693,000,000

Strike  375  has a total call value of 2,863,687,500  versus a total put value of  28,815,750,000 Combined total value = 31,679,437,500

Strike  380  has a total call value of 3,683,812,500  versus a total put value of  23,228,437,500 Combined total value = 26,912,250,000

Strike  385  has a total call value of 4,969,687,500  versus a total put value of  18,498,375,000 Combined total value = 23,468,062,500

Strike  390  has a total call value of 6,434,437,500  versus a total put value of  13,969,125,000 Combined total value = 20,403,562,500

Strike  395  has a total call value of 8,910,000,000  versus a total put value of  10,563,750,000 Combined total value = 19,473,750,000

Strike  400  has a total call value of 12,067,312,500  versus a total put value of  7,543,125,000 Combined total value = 19,610,437,500

Strike  405  has a total call value of 19,266,187,500  versus a total put value of  5,948,437,500 Combined total value = 25,214,625,000

Strike  410  has a total call value of 26,868,375,000  versus a total put value of  4,515,750,000 Combined total value = 31,384,125,000

Strike  415  has a total call value of 35,795,250,000  versus a total put value of  3,332,812,500 Combined total value = 39,128,062,500

Strike  420  has a total call value of 45,108,562,500  versus a total put value of  2,293,312,500 Combined total value = 47,401,875,000

Strike  425  has a total call value of 56,232,562,500  versus a total put value of  1,591,312,500 Combined total value = 57,823,875,000

Strike  430  has a total call value of 67,795,312,500  versus a total put value of  1,078,312,500 Combined total value = 68,873,625,000

Strike  435  has a total call value of 80,635,500,000  versus a total put value of  776,250,000 Combined total value = 81,411,750,000

Strike  440  has a total call value of 93,597,187,500  versus a total put value of  496,125,000 Combined total value = 94,093,312,500

Strike  445  has a total call value of 107,532,562,500  versus a total put value of  258,187,500 Combined total value = 107,790,750,000

Strike  450  has a total call value of 121,591,125,000  versus a total put value of  50,625,000 Combined total value = 121,641,750,000

Strike  455  has a total call value of 137,824,875,000  versus a total put value of  38,812,500 Combined total value = 137,863,687,500

Strike  460  has a total call value of 154,197,000,000  versus a total put value of  27,000,000 Combined total value = 154,224,000,000

Strike  465  has a total call value of 170,987,625,000  versus a total put value of  15,187,500 Combined total value = 171,002,812,500

Strike  470  has a total call value of 187,886,250,000  versus a total put value of  3,375,000 Combined total value = 187,889,625,000

Strike  475  has a total call value of 205,237,125,000  versus a total put value of  1,687,500 Combined total value = 205,238,812,500

Strike  480  has a total call value of 222,588,000,000  versus a total put value of  0 Combined total value = 222,588,000,000

Max Pain - Choose a symbol



What is Max Pain?
Max pain, or the max pain price, is the strike price with the most open contract puts and calls - and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
Calculating Max Pain
Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price. For each in-the-money strike price for both puts and calls:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. Find the highest value strike price. This price is equivalent to max pain price.

How can a trader benefit?
As the option expiration approaches, option writers will try to buy or sell shares of stock to drive the price toward a closing price that is profitable for them, or at least to hedge their payouts to option holders. Call writers sell shares to drive share price down and Put holders buy shares to drive share price up. The max pain strike price exists somewhere in the middle.